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Key Outputs

• Ensure that all vouchers are properly completed and authorized before they are posted to the SACCO's books of accounts.

• Compile the SACCO's day sheets/ Operational Balancing Account (OBAS) on a daily basis.

• Balance the General Ledger/ System and the member's ledgers and produce the end-of-the-day balancing report on a daily basis.

• Initiate and, with the approval of the Chairperson, take responsibility for the recovery proceedings against any loan defaulters that may exist in the SACCO loan portfolio.

• To be responsible for the day-to-day maintenance of all member files under his control,

• Prepare financial reports/ budgets in time.

• Monitor and report financial positions on time.

• Attend to any other matter as shall from time to time be delegated by the Manager/Executive.

• Funds reconciliation done

• Periodical financial statements produced.

• SACCO human and other resources are well managed.

Key Duties and Responsibilities

• Provide Leadership and guidance to the SACCO team in order to ensure timely processing of all SACCO operations.

• Review and update, develop and implement SACCO policies and procedures after endorsement by the Executive Committee.

• Coordinate the overall operational budgeting and financial responsibilities of the cooperative including

• Compilation & consolidation of the SACCO Annual budget

• preparation of monthly, quarterly and annual reports on timely basis.

• Timely review of bank reconciliations.

• Performance of periodic and surprise cash counts to ensure that petty cash system is

• properly maintained

• Ensure completeness and adequacy of supporting documents for all payment requests

• Ensure that activity funds advanced (contingency funds) are accounted for within 48hrs after the completion of such an activity.

• Prepare and submit variance and other management reports as required

• Maintain the SACCO Assets/ Inventory register

• Coordinate annual and ad-hoc audits of the SACCO.

• Ensure compliance and keep UpToDate with statutory and regulatory requirements and provide guidance to ensure that the Executive Committee, Committees and management are operatingwithin the limits as set in the Cooperatives Act and SACCO Bye-Laws.

• Prepare, arrange, and attend to SACCO committees' meetings and other SACCO scheduled meetings.

• Keep good relations with internal and external clients and collect all money due

• Coordinate with URA, Uganda Cooperative Savings & Credit Union and Ministry of Trade on issues of

• compliance on matters of; taxes and SACCO management.

• Supervise the team and ensure the preparation of monthly and final accounts

• Prepare on monthly basis the Payroll and ensure deductions are made monthly.

• Ensure reconciliation of the Sacco accounts and that money is not lost due to errors.

• Perform any other duties as assigned by the Executive Committee from time to time.